Shari Redstone - 07 Aug 2025 Form 4 Insider Report for Paramount Skydance Corp

Reporting relationship: Director
Issuer ticker: PSKY on Nasdaq
Reported as of: 07 Aug 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Aug 2025, 17:29:21 UTC
Prior SEC filing: 07 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ Caryn K. Groce, Attorney-in-Fact for Shari Redstone

Key filing fact

Shari Redstone filed Form 4 for Paramount Skydance Corp on 11 Aug 2025.

Key facts

This page summarizes Shari Redstone's Form 4 filing for Paramount Skydance Corp.
8 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 11 Aug 2025, 17:29.

Change

Previous filing in this sequence was filed on 07 Jul 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001204569 Primary reporting owner

REDSTONE SHARI

Relationship: Director
Address: 1515 BROADWAY, NEW YORK
Signature: /s/ Caryn K. Groce, Attorney-in-Fact for Shari Redstone
Signature date: 11 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PSKY transaction

Class B Common Stock

Options Exercise

Transaction value
Shares: +16,340
Change %: +2.6%
Price
Shares after: 653,017
Date: 07 Aug 2025
Ownership: Direct
Footnotes: F1, F2

PSKY transaction

Class B Common Stock

Disposed to Issuer

Transaction value
Shares: -653,017
Change %: -100%
Price
Shares after: 0
Date: 07 Aug 2025
Ownership: Direct
Footnotes: F3, F4

PSKY transaction

Class B Common Stock

Award

Transaction value
Shares: +653,017
Change %
Price
Shares after: 653,017
Date: 07 Aug 2025
Ownership: Direct
Footnotes: F3, F4, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PSKY transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
Shares: -16,340
Change %: -100%
Price
Shares after: 0
Date: 07 Aug 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 16,340
Exercise price
Footnotes: F1

PSKY transaction Derivative

Phantom Class A Common Stock Units

Disposed to Issuer

Transaction value
Shares: -57,615
Change %: -100%
Price
Shares after: 0
Date: 07 Aug 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 57,615
Exercise price
Footnotes: F6

PSKY transaction Derivative

Phantom Class B Common Stock Units

Award

Transaction value
Shares: +88,341
Change %
Price
Shares after: 88,341
Date: 07 Aug 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 88,341
Exercise price
Footnotes: F6

PSKY transaction Derivative

Phantom Class B Common Stock Units

Disposed to Issuer

Transaction value
Shares: -72,308
Change %: -100%
Price
Shares after: 0
Date: 07 Aug 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 72,308
Exercise price
Footnotes: F7

PSKY transaction Derivative

Phantom Class B Common Stock Units

Award

Transaction value
Shares: +72,308
Change %: +82%
Price
Shares after: 160,649
Date: 07 Aug 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 72,308
Exercise price
Footnotes: F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Shari Redstone is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

The shares identified in Table I represent shares of Class B common stock of Paramount Global to which the Reporting Person became entitled, upon vesting of Restricted Share Units ("RSUs") identified in Table II, immediately prior to the closing of the Transactions (as defined below), but which have not been received because the director elected to defer receipt.

Footnote F2

Includes 212,830 shares of Paramount Global Class B common stock underlying vested RSUs for which the Reporting Person previously elected to defer receipt.

Footnote F3

On August 7, 2025, the previously announced transactions contemplated by the transaction agreement, dated as of July 7, 2024 ("Transaction Agreement"), by and among: Skydance Media, LLC ("Skydance"), Paramount Global, Paramount Skydance Corporation (f/k/a New Pluto Global, Inc.) ("Paramount Skydance"), and the other parties thereto were completed. Pursuant to the terms of the Transaction Agreement, in a series of transactions, each of Paramount Global and Skydance merged into subsidiaries of Paramount Skydance (the "Transactions").

Footnote F4

Represents the disposition of shares of Paramount Global common stock and the acquisition of shares of Paramount Skydance common stock (including shares underlying vested RSUs assumed by Paramount Skydance for which the Reporting Person previously elected to defer receipt). Pursuant to the terms of the Transaction Agreement, each share of Paramount Global Class B common stock converted into the right to receive one share of Paramount Skydance Class B common stock, or at the election of the holder of such share, cash in the amount of $15.00 per share, subject to pro ration as set forth in the Transaction Agreement.

Footnote F5

Represents the number of shares of Paramount Skydance common stock beneficially owned following the transactions described herein.

Footnote F6

Represents the disposition of Paramount Global Phantom Class A Common Stock Units and the acquisition of Paramount Skydance Phantom Class B Common Stock Units pursuant to the terms of the Transaction Agreement.

Footnote F7

Represents the disposition of Paramount Global Phantom Class B Common Stock Units and the acquisition of Paramount Skydance Phantom Class B Common Stock Units pursuant to the terms of the Transaction Agreement.